stockrow
Friday 6 November 2026
Export ABX’s income statement to Excel — free account
Abacus Global Management, Inc.
Abacus Global Management, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $235.2 million, up 110.2% from fiscal 2024.
- Revenue
- +29.9%
- EPS
- −61.1%
- Free cash flow
- −49.7%
- Total debt
- −7.41%
Quarter to June 2026, against a year earlier
8.78
0.27
−2.98%
Follow ABX
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 45 | 66 | 112 | 235 | 267 | +73.9% | — | — | — | — | |
| Gross margin, % | — | — | — | — | 0.00 | 0.00 | 86.84 | 90.23 | 89.84 | 87.73 | 88.38 | +87.7 pt | ||||||
| EBT | — | — | — | — | (11) | 16 | 33 | 11 | (19) | 53 | 45 | n/m | ||||||
| EBT margin, % | — | — | — | — | 0.00 | 0.00 | 74.42 | 15.82 | (17.36) | 22.42 | 16.97 | +22.4 pt | ||||||
| Net income | — | 0 | — | — | (11) | 16 | 32 | 9 | (25) | 37 | 28 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 0.00 | 0.00 | 0.89 | 1.17 | 1.58 | 2.45 | 2.80 | n/m | |||||
| Earnings | — | — | — | — | (1.59) | 1.84 | 0.64 | 0.17 | (0.34) | 0.38 | 0.28 | n/m | ||||||
| Cash flow | — | — | — | — | (0.08) | (0.14) | 0.21 | (1.12) | (2.95) | (0.27) | 0.95 | +26.1% | ||||||
| Capex | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | (0.01) | (0.01) | (0.02) | n/m | ||||||
| Free cash flow | — | — | — | — | (0.08) | (0.14) | 0.21 | (1.13) | (2.96) | (0.28) | 0.93 | +27.0% | ||||||
| Book value | — | — | — | — | (6.48) | (3.27) | 0.56 | 2.88 | 5.98 | 4.41 | 4.61 | n/m | ||||||
| Shares, m | — | — | — | — | 7 | 9 | 50 | 57 | 71 | 96 | 96 | +69.9% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 15.85 | 51.87 | 0.00 | 23.11 | 31.36 | 22.7 | |||||
| P/S | — | — | — | — | — | — | 0.00 | 8.81 | 4.95 | 3.49 | 3.13 | 4.3 | ||||||
| P/B | — | — | — | — | — | — | 18.23 | 3.56 | 1.31 | 1.96 | 1.93 | 6.3 | ||||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 10.49 | 7.17 | 5.06 | — | 5.7 | ||||||
| EV/FCF | — | — | — | — | — | — | 48.75 | (10.88) | (3.83) | (44.82) | — | (2.7) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | (1) | (1) | 11 | (64) | (209) | (26) | 91 | +114.2% | |||||
| Capex | — | — | — | — | — | — | — | 0 | (1) | (1) | (2) | +121.6% | ||||||
| Free cash flow | — | — | — | — | (1) | (1) | 11 | (64) | (210) | (27) | 88 | +115.7% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 1 | (1) | 32 | 8 | 97 | (79) | (27) | n/m | |||||
| Net debt | — | — | — | — | (1) | 1 | 3 | 112 | 249 | 368 | 307 | n/m | ||||||
| Shareholders’ equity | — | — | — | — | (44) | (28) | 28 | 164 | 423 | 424 | 440 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | (6.24) | 4.58 | 15.64 | 4.87 | (3.97) | 4.11 | 3.29 | +10.4 pt | |||||
| ROIC | — | — | — | — | 0.00 | 0.00 | 67.29 | 5.46 | (0.08) | 7.01 | 7.11 | +7.0 pt | ||||||
| ROE | — | — | — | — | 0.00 | (43.81) | (72,251.54) | 9.90 | (8.16) | 8.68 | 6.62 | +8.7 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 102 | 157 | 326 | — | +78.8% | |||||
| Revenue/emp, $m | — | — | — | — | — | — | 0.00 | 0.65 | 0.71 | 0.72 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026
Abacus Global Management, Inc. vs peers in Insurance Life (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PRI Primerica, Inc. | $8.9B | 11.3× | 11.1× | +7.36% (above 0%: growing) | +6.45% (above 0%: growing) | +45.73% (above 0%: growing) | 0.00% | 0.00% | Compare |
| LNC Lincoln National Corporation | $7.5B | 2.4× | 4.5× | +20.33% (above 0%: growing) | +220.93% (above 0%: growing) | +176.69% (above 0%: growing) | 0.00% | 0.00% | Compare |
| CNO CNO Financial Group, Inc. | $5.2B | 12.6× | 14.0× | −8.64% (below 0%: shrinking) | +628.08% (above 0%: growing) | +7.63% (above 0%: growing) | 55.45% | 26.20% | Compare |
| GNW Genworth Financial, Inc. | $3.4B | 68.8× | 26.2× | −7.29% (below 0%: shrinking) | n/m | +14.94% (above 0%: growing) | 23.86% | 1.34% | Compare |
| FG F&G Annuities & Life, Inc. | $2.8B | 7.2× | 7.9× | +4.18% (above 0%: growing) | n/m | −8.11% (below 0%: shrinking) | 16.89% | (3.73%) | Compare |
| BHF Brighthouse Financial, Inc. | $2.4B | 4.2× | 3.4× | −53.03% (below 0%: shrinking) | −33.97% (below 0%: shrinking) | −506.84% (below 0%: shrinking) | 0.00% | 47.36% | Compare |
| ABX Abacus Global Management, Inc. | $855.7M | 31.4× | — | +29.87% (above 0%: growing) | −61.11% (below 0%: shrinking) | −49.65% (below 0%: shrinking) | 87.59% | 29.41% | |
| SNFCA Security National Financial Corporation | $254.9M | 7.3× | 6.2× | −6.27% (below 0%: shrinking) | +6.25% (above 0%: growing) | +145.67% (above 0%: growing) | 71.03% | 15.21% | Compare |
| CIA Citizens, Inc. | $208.7M | 18.7× | 20.1× | +3.55% (above 0%: growing) | n/m | +132.50% (above 0%: growing) | 0.00% | 0.22% | Compare |
| Median of peers | $3.1B | 9.3× | 9.5× | −1.36% | +6.45% | +30.34% | 8.45% | 0.78% |
Pay and ownership Proxy statement filed 21 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 6.88m | 7.83m | 85.20 |
| 2024 | 1.54m | 829.20k | 76.24 |
Ownership
Directors and executive officers, together
46.40%
K. Scott Kirby
13.10%
Sean McNealy
13.00%
East Asset Management, LLC
12.60%
Jay Jackson
10.60%
Matthew Ganovsky
9.00%
Pillo Portsmouth Holding Company, LLC
5.90%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement